Search This Site

VINTAGE EX-YU

Popular Posts

Europe's largest low cost airline, Ryanair, will enter the Bosnian market this year by introducing flights to Banja Luka. It comes following protracted talks with the government of the Entity of Republika Srpska in Bosnia and Herzegovina. The carrier will introduce two weekly services from Charleroi Airport in Belgium, each Monday and Friday, starting October 29, as well as from Memmingen in Germany from October 30, each Tuesday and Saturday. The Prime Minister of the entity, Željka Cvijanović, has said that "several additional destinations will also be launched" by the airline in the coming period. Tickets for the new routes are already available for purchase through the carrier's website.
Commenting on the new route, Ryanair’s Sales and Marketing Executive for Belgium, Helene Begasse, said, “We are pleased to announce a new Brussels Charleroi to Banja Luka route commencing this November. This new route marks Ryanair's entry into Bosnia and Herzegovina, and wi…

The world's largest carrier, American Airlines, is considering introducing seasonal flights to Dubrovnik. According to the "TangoSix" portal, the company is in talks with the airport over a seasonal service from Philadelphia. A decision on the matter is expected within the next month. American operates a number of seasonal flights to Europe from its Philadelphia hub including Athens, Barcelona, Budapest, Frankfurt, Glasgow, Lisbon, Prague, Shannon and Venice. This year, the airline expanded its reach from Philadelphia into Europe with seasonal flights to Budapest and Prague. Both are operated by its Boeing 767-300 aircraft. The move is seen as affirming American’s commitment to Philadelphia as a trans-Atlantic gateway.
Dubrovnik Airport has identified the United States and South Korea as two far-away markets which could sustain services to the coastal city. Speaking to EX-YU Aviation News, Dubrovnik Airport's General Manager, Frano Luetić, said, "These two far-…

Hogan: Etihad - Air Serbia partnership long-term

Get link

Facebook

Twitter

Pinterest

Email

Other Apps

The President and CEO of the Etihad Aviation Group, James Hogan, has said the Emirati carrier is "here to stay" when it comes to its investment in Air Serbia. The two inked a five-year cooperation agreement in 2013, with the option of extending the partnership for a further five years. Speaking at a press conference in Belgrade on Monday, Mr Hogan played down speculation that Etihad would review investments in all of its European equity partners, among which are Air Berlin, Alitalia, Air Serbia and Etihad Regional. "When I look at the roadmap going forward with Air Serbia, I think it is a good work in progress. Our partnership is long-term. The 'five plus five' is about a cooperation agreement but the investment is a long-term investment. So we are here to stay".

The head of the aviation group, who will be stepping down from his post in the second half of the year, said the company's commitment to Serbia has been further emphasised with the opening of the Etihad Airways Partners Shared Services unit in Belgrade earlier this week. He noted that Etihad's 49% acquisition of Air Serbia has proved an "outstanding model" on how to restructure a government-owned airline. "It's an outstanding transformation. We know the state of the old Jat, which was on the point of collapse. Within three and a half years the airline has underwent a complete transformation". Within the coming months, Etihad is expected to ease concerns over plans for its European investments and will put a greater emphasis on promoting its equity alliance, with Serbia playing a role as well.

Mr Hogan noted that Etihad will do more to promote Serbia and bring tourists to the country. "The more that we can do to bring tourism and the destination program alive, alongside what's happening with Air Serbia, is good for jobs and the improvement of revenues. I think Serbia has a unique opportunity moving forward. It's about people knowing about the destination, about a digital society and age. It's important to segment the market, understand what drives the market and how Serbia fits in. When I look at our project and the micro projects in Serbia, I know the country can deliver. I certainly think there is much more in our sector of airlines and tourism where we can do a lot more together".

Poor Hogan. I'm guessing he is looking for jobs at the moment and will say anything to secure a role giving his less than ordinary strategic approach at EY which has left the carrier in financial ruin. Any update on JUs financials last 12 months?

We are also welcoming Atlasjet from IST today, it lands at 17.25! Even though I am sad JU is leaving the Turkish market I am happy a more competent player will take over... thus increasing the numbers by quite a bit.

It's a win-win situation. JU gets more capacity to redeploy elsewhere, while keeping a footing on the line through codeshare, while BEG gets a bigger capacity plane on the route, from AtlasJet, and a new airline flying to it. Great news all round!

The new summer schedule will be out within the next 2 weeks. Kiev was a seasonal summer route last year, like St Petersburg and Malta. It might very well be reactivated this year, but we will only know by month's end, when the new summer schedule gets announced.

1. Arabs are well-known to lie in their statements. Let's not forget how Emirates said they will not start flights to exYU in next few years. And just one month latter they announce Zagreb route.

2. Hogan is history. He is sucked because of unreal plans that made Etihad on edge of bankruptcy.

3. Hogan is not the one who will negotiate conditions for another 5 year deal, but that will be his successor, new Etihad CEO. Who knows what would be his plans with Etihad and Air Serbia.

4. For sure Etihad will stay somehow in Air Serbia, but with conditions much harder for Serbia than today. Much more money will be asked from Serbia.

And not to forget several facts:

1. A320neo are expensive and are huge blackmail from Etihad to Serbia.

2. New concessionaire of Belgrade Airport will not tolerate huge and unreal discounts Air Serbia has on BEG.

3. Air Serbia will have big cuts this summer what shows project was not successful at all. So project will be adjusted. Savings are top priority, business class will be transfer form Etihad model to Lufthansa model (6 seats), there will be delay of A320neo delivery, 737-300 are history, huge cuts in time-table...

Interesting analysis. I also thing that we need to see who will be the new CEO of Etihad in order to know what to expect. Interesting year is ahead of us. Time will tell as the Russian are saying - Pazivjom uvidim

I find it funny how the OP made seven distinct points in his "analysis" and all seven are based on speculation, rumours, wishful thinking and schadenfreude. Literally not a single fact in all of the above.

Analysis? You call this chauvinist load of bull an analysis? It starts with a collective labeling of an entire ethnic group as liars, continued with completely unsupported claim of some harsh conditions that await Serbia, and finally ends in a total doom&gloom scenario presented as 'facts' even though there is zero evidence or facts to support any of that.

All of his points are valid. Hogan is getting fired for implementing a financially disastrous strategy. ASL is part of this strategy too.The Emir will look for a successor that has EY's PROFITABILITY as his number one goal.Not developing and investing long term in foreign airlines.

^ Actually, the only reason Etihad invested in JU was because of the Emir. Etihad never had plans to even look into Jat but was ordered to do so by the Emir which Hogan even said in 2013. He said that it was the Emir of Abu Dhabi who brought his attention to JU and told him to make an investment happen.

JU is not a threat or a liability for Etihad. AZ and AB are. JU is not. Etihad has zero reasons to get rid of JU as long as it is not a liability. Accept it. Get over it. Neither JU or Etihad will die simply because you pray 15 times a day that it happens. Emir is not in panic mode just because you imagine so badly that he is. Face it. It will ease the pain.

AFKL Group opened Transavia Munich Base a year ago, which was part of the plans of the FORMER CEO of the AFKL Group to have Transavia Europe LCC, operating from several EU bases, like other big EU LCC do. HUGE amounts of money were spent on marketing, operations costs, trainings... Only ONE YEAR LATER NEW AFKL CEO arrived, and completely changed the strategy of the entire group, focusing Transavia to its main Base in Amsterdam and tighter cooperation with KL, which resulted in decision to CLOSE PERMANENTLY the Munich Base. And that is how the market economy functions. And I am so sorry for JU fan boys who don't understand how the world and the business today function, and who are actual o y the only ones who live in fantasies and refuse to see that Hogan is PAST TENSE, and his business model for Etihad and its satelites pure failure. Cheers!

You seem to forget that Air Serbia is the least of Etihad's worries. Etihad has other things to worry about like Alitalia, Air Berlin or even Iran Air which will no doubt create a few problems in that neighborhood. I am not saying they will become a second EK but the Persian Gulf Trio will lose quite a bit of connecting passengers from IKA, especially as IR keeps on receiving those A321s and A330s.

And I am so sorry for JU hate brigadiers like you, but writing something in capital letters will not make it sound more of a truth. lol. Going into trances every day to spew venom, even when news is so clearly positive, indicates pathological insecurities, coupled with nationalist agenda.

JU is very significant for EY. It's a working investment that is profitable and is the company where they have achieved highest investment share (49%). It is also small enough to be easily manageable and turned around (which has already taken place). The idea that troubles at Air Berlin will bring down the whole EY group, is overtly pessimistic and unfounded. The plan has been put into motion to reduce the size of AirBerlin, which will make it more functional. Even Etihad Regional is opening new routes this summer, with a service to Brest already confirmed.

If info about big cuts and priority in huge savings in Air Serbia are true than it will have same destiny as Air Berlin and Alitalia. Downsizing, which was just begging of end, and was not successful not in one case in air history.

FYI, Transavia in MUC happened because of Brussels terror attacks. I found it out first hand from one one of their managers(I flew with them for ILA Berlin). The ac were available, nobody knew how long will it take for Brussels to return to normal state so - Munich it was. But you just go ahead with your un-qualified rant....

@The Bosnian, Brussels is in Belgium, Transavia is Dutch company. Preparations for MUC operations started before Brussels attack happened. Managers of big airlines are very well known to discuss industry secrets and development plans with people they travel with and meet once in life time. Your post is actually so ridiculous that I shouldn't have commented it at all

We all should agree that nothing's surprising in Hogan's speech. Of course he wouldn't say anything negative when in BEG, especially in front of media. But some should have noticed the nuance, so many sentences emphasizing his personal opinion (sentences with "I think") regarding Etihad's investment in Serbia. Politicians and business people won't miss this crucial detail.